Question : Nominal Interest Rate = ___________
Option 1: Real Interest Rate × Inflation Rate
Option 2: Real Interest Rate – Inflation rate
Option 3: Real Interest Rate / Inflation rate
Option 4: Real Interest Rate + Inflation rate
Correct Answer: Real Interest Rate × Inflation Rate
Solution : Nominal interest rate = Real interest rate X inflation rate. The sum of the real interest rate and the anticipated rate of inflation is known as the nominal interest rate. The actual return on a bond (to the investor) and loan (to the lender) is provided by a real interest rate.
Question : The Great Leap Forward (GLF) campaign took place in ________
Option 1: 1948
Option 2: 1938
Option 3: 1958
Option 4: 1942
Question : Article 112 deals with:
Option 1: Consolidated Fund of India
Option 2: Public Account
Option 3: Union Budget
Option 4: Contingency Fund
Question : The value of Nominal GDP is 1100 and the value of Real GDP is 1000. Find the value of GDP deflator.
Option 1: 0.9
Option 2: 1.1
Option 3: 1
Option 4: 0.8
Question : Which of the following does not characterise the business environment?
Option 1: Inter-related
Option 2: Market orientation and product
Option 3: External forces
Option 4: Relativity
Question : All those elements which create liability and decrease the assets of government are known as
Option 1: Capital Receipts
Option 2: Capital Payments
Option 3: Revenue Receipts
Option 4: Revenue Payments
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